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COV ITRM Glossary

R

Risk Management

Definition

(Context: Security)


Identification and implementation of information security controls in order to reduce risks to an acceptable level.

(Context: Technology Management)

The process of identifying, analyzing, and responding to risk factors throughout the life of a project and in the best interests of its objectives. The art and science of identifying, analyzing, and responding to risk factors throughout the life of a project and in the best interests of its objectives.

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